Today has seen American Airlines announce a firm order with Embraer for four E175 aircraft, which will head to their subsidiary, Envoy Air.
It is understood that with this order in place, Envoy’s all E-Jet fleet will grow to over 150 jets by the end of 2024.
Without further ado, let’s get into it…
American Airlines Orders Four Embraer E175 Aircraft…
This order is valued at a list price of $230.6m, and will be included into the fourth-quarter backlog for the Brazilian planemaker.
Commenting on the order was Pedro Fabregas, the President & CEO of Envoy Air, the subsidiary ran by American Airlines:
“These new jets will allow us to continue growing with American Airlines.”
“We’re pleased to announce these additional four aircraft, following the order announced in June, as the US domestic and regional markets recover from a very challenging few years.”
“The E175 allows us to provide an excellent and reliable service to American Airlines and the thousands of guests we serve everyday”.
Adding to this was Martyn Holmes, the Chief Commercial Officer of Embraer Commercial Aviation:
“This new order demonstrates once more the importance of the E175 to connectivity across the United States, and is another sign that the challenges the market has been facing are improving”.
“The E175 is the backbone of the US regional network, with over 620 aircraft sold, and 86% market share since 2013. We thank American Airlines and Envoy for their long partnership with Embraer.”
Such an order will be yet another confidence boost to the E175-E1 program, with all eyes on the airline to see whether they would venture further into the E2 side of the equation in the future.
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